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McDonald’s 630 N Route 83 3,503 SF Retail Building Bensenville, IL 60106 $2,433,000 ($694.55/SF) 4.35% Cap Rate
INVESTMENT HIGHLIGHTS
- This McDonald’s is an Absolute NNN Ground Lease with zero landlord responsibilities, backed directly by McDonald’s Corporation (NYSE: MCD)
- The property sits immediately adjacent to CyrusOne’s hyperscale data center campus, a $1B+ development totaling ±1.4M SF
- The subject property is positioned within a core industrial corridor near prominent national and global employers, including UPS, U.S. Foods, Prologis
- The lease provides for 12.5% rental increases every five years, including throughout the four, 5-year option periods. Approximately 9.4 years remain
- Situated on a signalized hard corner along Route 83, the asset benefits from high visibility, strong traffic counts (±45,900 VPD)
EXECUTIVE SUMMARY
Matthew M. Fitzgerald
License # 478027547 (IL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
AMENITIES
- Dedicated Turn Lane
- Restaurant
- Signage
- Drive Thru
- Monument Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Accommodation and Food Services
- -
- -
- Aug 2020
Behind McDonald’s Golden Arches is a global community of crew, farmers, suppliers, franchisees, and countless others who make up who they are as a brand. It’s the entire McFamily that makes McDonald’s what it is today and what it’s been for many years. Across McDonald’s business, they strive to lift up the communities they are in. McDonald’s does it through their purpose, to feed and foster communities. McDonald’s does it through their growth pillars, which focus on integral areas of their business. McDonald’s does it through their leadership, with a team that will move their brand forward.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Accommodation and Food Services | - | - | Aug 2020 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $189,114 | |
| Land Assessment | $332,660 | Total Assessment | $521,774 |
PROPERTY TAXES
CONTACTS
-
Patrick Forkin -
Michael Neils -
Nick Seltzer -
Matthews Real Estate Investment Services
Presented by
McDonald’s | 630 N Route 83
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